Biodiesel boom spawning grease rustlers
Bob Morris @ Aug 8th 2008 16:23 - Category: Unfiled Tags: biodiesel
Psst, want to cop some grease?
Rendering plants in Northern California and elsewhere are reporting losses of $15,000 per month due to the increasing amount of grease theft.
While some of the thefts could be by those making biodiesel in their backyard, chances are it’s more organized than that.
Eight years ago yellow grease was trading for 7.6 cents per pound and now it trades closer to 36 cents a pound, or $2.73 a gallon. If a thief can load up a 2,500 gallon tanker truck, that’s $6,825 dollars — not bad for a few nights of work.
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